Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Wednesday a net loss for the first quarter of $28.83 million or $2.33 per share, compared to net income of $19.83 million or $1.43 per share in the prior-year quarter.
Excluding items, adjusted net loss was $2.00 per share, compared to $1.05 per share last year.
On average, four analysts polled by Thomson Reuters expected the company to report a loss of $1.83 per share for the quarter. Analysts' estimates typically exclude special items.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com